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Reading: The market is on alert! Pressing the resistance to Solana
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EdaFace Newsfeed > Latest News > Altcoin News > The market is on alert! Pressing the resistance to Solana
Altcoin News

The market is on alert! Pressing the resistance to Solana

vitalclick
Last updated: June 9, 2025 10:21 pm
14 hours ago
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Solana’s Sol, the crypto currency, increased by about 4.83 %in the last 24 hours to $ 152.16 and came to the fore in a wavy market environment. The fact that the price creates higher bottoms in a succession creates a technical optimistic picture, while the revival in the process volume drew attention. Analysts interpret the price movement as a signal that needs to be closely monitored despite global economic uncertainties. Especially the new trade talks between the United States and China in London are the most important external factor that can shape the risk appetite.

Strong rise signs in solana price

The left climbed from $ 148.08 to $ 155.24 during the day and watched on a band of 4.83 %. A clear upward trend was seen in the range of 09.00–21.00 of the day, while a significant support at $ 152.03 and the short -term resistance point was shaped in 154.79 dollars. Technical indicators, the price exceeded $ 150.85 after the horizontal consolidation revealed.

54 590 and 23 396 units of trading volume jumps in the early hours supported the upward request of the market. In the last hour of the day, the left price of the day, after a short -term correction of $ 150.98 dollars after 150.98 dollars showed that the buyers are still in the circuit.

US-China Negotiations Determine Risk Work

US Trade Minister Howard Lutnick and Chinese Deputy Prime Minister He LiFeng are chaired by the US-China trade talks that started in London. Customs duties and technology restrictions whose main agenda items have been controversial for a long time; In particular, export limitations brought to rare soil metals and artificial intelligence chip controls are among the most critical roughness.

Despite the temporary ceasefire, the mutual accusations of the parties continue. Analysts emphasize that the conclusion of negotiations with agreement or dead end will be directly effective on crypto currencies as well as global markets. In case of eliminating uncertainty, the positive wind may blow in risky assets; In case of prolongation or failure, the pressure may increase.

Experts discuss the long -term appearance

Some institutions foresee price targets between 420 and $ 620 for 2026 in line with the growth potential in the Solana network. The continuation of the interest of corporate investor stands out as an element that strengthens long -term potential.

On the other hand, experts recall that macroeconomic developments will continue to be decisive in investment decisions. Parallel to the course of the US-China negotiations, changes in the risk appetite are a threshold for the entire crypto money market, including solana.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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